Update: GeoHot has now released a PS3 3.55 JailBreak Custom Firmware PUP followed shortly by PS3 3.55 JailBreak r1 which fixes the 8002FB27 error and also shared the Test.PKG File from the video.

To quote from his site: "it's jailbreak time open the zip, you know how to install 3.55 only would be pirates, don't waste your time do not mirror file, link to geohot.com here is the package from the video no donations accepted right now, don't get scammed

I appreciate your response, and all your contributions, but I wasnt looking to be spoonfed. Just wanted to see if this methodology was even feasible. I was going to attempt another route, but this was shorter and I didn't know the specifics. I'll do some tinkering.